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UK retailers face quieter Boxing Day amid cost of living crisis


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An estimated £3.8bn will be spent on 26 December, down almost 4% on last year

Retailers are preparing for a quieter Boxing Day this year despite freedom from pandemic restrictions as the cost of living crisis weighs on shoppers’ budgets.

Spending is expected to hit almost £3.8bn on 26 December, according to research by GlobalData for Vouchercodes.

Continue reading…An estimated £3.8bn will be spent on 26 December, down almost 4% on last yearRetailers are preparing for a quieter Boxing Day this year despite freedom from pandemic restrictions as the cost of living crisis weighs on shoppers’ budgets.Spending is expected to hit almost £3.8bn on 26 December, according to research by GlobalData for Vouchercodes. Continue reading…